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Business
tycoon Nahil Wijeyasuriya, who never runs out of start
up ideas as well as strategic acquisitions which he
disposes at a profit, last week launched another venture
a new radio and TV station in style.
His East West Group floated a new subsidiary Peoples
Media Network, whose Radio 1 and TV 2 began broadcasting
from this week.
Nahils venture marks his return to the electronic
media after his launch of ETV, which at that time was
Sri Lankas first 24-hour TV station.
The investment in the new venture is estimated to be
around Rs. 120 million.
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